Another way to look at business continuity planning is to take an even broader or holistic look at your organization through the lens of resiliency. To be resilient, an organization needs to understand their risks and exposures. A quick definition of Business Resiliency is:
…the ability an organization has to quickly adapt to disruptions while maintaining continuous business operations and safeguarding people, assets and overall brand equity. Business resilience goes a step beyond disaster recovery by offering post-disaster strategies to avoid costly downtime, shore up vulnerabilities and maintain business operations in the face of additional, unexpected breaches.
Business Resiliency consists of multiple interdependent components, such as Risk Management, Business Continuity, and Disaster Recovery.
Each component requires:
- a strategy.
- a set of objectives.
- a plan of action.
Remember, the effort to prepare for resiliency, continuity, and recovery is not just about creating a plan you may never use.
It is about ensuring the livelihood of your company in the event of a disaster, and your ability to react.